PRN: Smart Grid Market Research Reports & Smart Grid Industry Analysis - 80 Premium Reports Available on Smart Grid Market Covering Industry Size, Share, Growth, Strategies, Insights, Company Profiles, SWOT Analysis and Forecasts: ResearchMoz
Smart Grid Market Research Reports & Smart Grid Industry Analysis - 80 Premium Reports Available on Smart Grid Market Covering Industry Size, Share, Growth, Strategies, Insights, Company Profiles, SWOT Analysis and Forecasts: ResearchMoz
ALBANY, New York, May 14, 2012 /PRNewswire/ --
80 Premium Reports Available on Smart Grid Market Covering Industry Size, Share, Growth, Strategies, Insights, Company Profiles, SWOT Analysis and Forecasts: ResearchMoz
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The report covers various aspects of smart grids and related technologies, as well as providing details of market sizing, outlook and competitive landscape analysis. At the outset, the report discusses the investment scenario for smart grids and the related technologies in Asia-Pacific region, taking into consideration the countries actively involved in rolling out smart grid technologies. The report proceeds to explain the smart grid industry's dynamics in Asia-Pacific region by identifying the key market drivers, challenges and key developments in different regional segments of Asia-Pacific market. The report then goes into further details on the Asia-Pacific markets for smart meters, electric vehicles, high voltage direct current cables, distributed generation and energy storage. The report also provides key policies and standards for smar! t grid in Asia-Pacific region. The report finally provides an outlook on smart cities, microgrid and other smart grid technologies in Asia-Pacific market.
This research report presents an in-depth analysis of the development, applications, products, manufacturers, and trends in the worldwide development of the Smart Grid. After over one hundred years of electric power, it has become apparent that a new type of power grid is needed to serve societal needs in the 21st Century. Over time, a relatively primitive but reliable power grid has morphed into an exceedingly complex machine that can no longer be controlled through human actions alone and one which has become brittle and subject to catastrophic failure - such as the blackout in the northeastern United States and Canada in 2003. Simply put, today's power grid is having difficulty meeting the high quality, stable, and reliable power requirements of an increasingly sophisticated, technology-oriented world. The power grid is also in need of significant maintenance and repair, with estimates ranging as high as! $1 trillion over the next 20 years for the United States alone. However, "smart/intelligent" technologies now exist that can significantly improve grid performance. With these technologies a "smarter" grid will be able provide improved service reliability and more stable electric rates at a lower cost than simply building more infrastructure to meet increased demand.Â
TechNavios analysts forecast the Global Smart Grid market to grow at a CAGR of 20.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing incidence of power blackouts. The Global Smart Grid market has also been witnessing rising demand for energy. However, lack of strong interoperability of standards could pose a challenge to the growth of this market.
TechNavios report, the Global Smart Grid Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Smart Grid market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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